Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Credit union shreds sensitive documents, collects for food bank
MOSES LAKE — The Moses Lake branch of Solarity Credit Union held a paper-shredding event Saturday. “We’re encou…
Stocks drift higher after some solid company earnings news
U.S. stocks are moving higher Thursday as more big companies report profits for the summer that weren't as bad as Wall Street feared.
The Latest: France extends curfew to 38 virus regions
PARIS -- French Prime Minister Jean Castex extended curfews to 38 regions to help lower the spread of the coronavirus because “the second wave is here.”
NYU to remove Sackler name following Purdue Pharma deal
NEW YORK (AP) — New York University's Langone Medical Center will strip the Sackler name from its biomedical institute following the Justice Department's
US stock indexes drift amid profit reports, stimulus talks
NEW YORK (AP) — U.S. stocks are drifting on Thursday as more big companies report profits for the summer that weren't as bad as Wall Street feared.
EU slaps sanctions on 2 Russians over Germany cyberattack
BRUSSELS (AP) — The European Union on Thursday imposed sanctions on two Russian officials and part of Russia’s GRU military intelligence agency over a cyberattack against the German parliament in 2015.
Santa Claus won't be coming to Macy's this year
NEW YORK (AP) — Macy's said Santa Claus won't be greeting kids at its flagship New York store this year due to the coronavirus, interrupting a holiday tradition started nearly 160 years ago.
The Latest: Africa health officials look to rapid tests
GENEVA — Health officials in Africa say the roll-out of new rapid diagnostic tests on the continent could be a “game-changer” in the fight against the coronavirus.
Pandemic hurts AT&T in 3rd quarter; wireless unit stable
NEW YORK (AP) — The pandemic continued to hit AT&T through the third quarter as closed theaters, wary U.S. moviegoers and the Hollywood shutdown hurt its WarnerMedia movie and TV business.
Profit, revenue slump at Union Pacific, but volume improves
OMAHA, Neb. (AP) — Union Pacific's profit and revenue slumped by double digits, though the volume of shipments it handled rebounded from the previous quarter as the economy emerged from the worst of the virus-relat…
Facebook, Twitter CEOs ordered to testify by GOP senators
WASHINGTON (AP) — The GOP push against Facebook and Twitter accelerated Thursday after Republican senators threatened the CEOs of the social media companies with subpoenas to force them to address accusations of ce…
Goldman Sachs subsidiary pleads to US charges in 1MDB probe
WASHINGTON (AP) — A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted o…
Subsidiary of Goldman Sachs pleads guilty, agrees to $2B settlement in foreign corruption probe of Malaysian wealth fund
WASHINGTON (AP) — Subsidiary of Goldman Sachs pleads guilty, agrees to $2B settlement in foreign corruption probe of Malaysian wealth fund.
US stocks flip-flop amid profit reports, stimulus talks
NEW YORK (AP) — U.S. stocks are drifting on Thursday as more big companies report profits for the summer that weren't as bad as Wall Street feared.
Rising vacancies, declining rents squeezing apartment REITs
LOS ANGELES (AP) — The pandemic is squeezing big apartment building owners, with a surge in vacancies leading to a decline in rent growth for the first time in years.
September existing home sales climb 9.4%, highest since '06
CHARLOTTE, N.C. (AP) — Sales of existing homes climbed 9.4% in September, the National Association of Realtors said Thursday, the latest sign that the housing market remains red hot despite the coronavirus pandemic…